The Kingdom of Bhutan’s sovereign investment arm, estimated to manage around $2.9 billion in assets, has placed millions of dollars in cryptocurrencies and was a customer of bankrupt crypto firms BlockFi and Celsius.
Druk Holding and Investments , a commercial arm of the royal government of Bhutan, has grown a crypto portfolio without disclosing it to the public, to a report released by Forbes. The funds were brought to light following the crypto contagion in 2022 when companies like Celsius and BlockFi filed for bankruptcy.Shout out to those who were able to Chapter 7 liquidate themselves at 100 cents on the dollar
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